WBD PSKY (more) Judge puts temporary pause on Paramount-Warner Bros. merger Twelve State attorneys general requested a temporary restraining
WBD PSKY (more) Judge puts temporary pause on Paramount-Warner Bros. merger Twelve State attorneys general requested a temporary restraining order barring Paramount Skydance from closing the blockbuster deal. Paramount Skydance’s takeover of Warner Bros. Discovery hit a roadblock Monday after a federal judge temporarily paused the proposed merger, granting a request from a coalition of 12 State attorneys general who sued to thwart the $110B deal. U.S. District Judge Araceli Martínez-Olguín of the Northern District of California issued a temporary restraining order barring Paramount from closing the transaction, a corporate tie-up that would unite two movie studios, two streaming platforms and two news organizations under the control of David Ellison, the son of billionaire technology tycoon Larry Ellison. Link To Story from NBCNEWS.com
WBD PSKY (more) Judge puts temporary pause on Paramount-Warner Bros. merger Twelve State attorneys general requested a temporary restraining order barring Paramount Skydance from closing the blockbuster deal.
Paramount Skydance’s takeover of Warner Bros.
Discovery hit a roadblock Monday after a federal judge temporarily paused the proposed merger, granting a request from a coalition of 12 State attorneys general who sued to thwart the $110B deal.
U.S.
District Judge Araceli Martínez-Olguín of the Northern District of California issued a temporary restraining order barring Paramount from closing the transaction, a corporate tie-up that would unite two movie studios, two streaming platforms and two news organizations under the control of David Ellison, the son of billionaire technology tycoon Larry Ellison.
Link To Story from NBCNEWS.com